RE: Up 1.5%. Current 110.10, todays high thus far 112.30 >>14 Oct 2022 12:14
You implied Scotty was an idiot with this
"who is the idiot?"
I see what you're saying about Scotty pointing out the SP turning but it works both ways. I'd rather not see comments over small share price movements in a very short time. I had to close my shorts early on yesterday for a loss of around £400 as I have no clue where this is going in the short term. The short term spike from the results is already baked in now IMO as they have announced what the profits will be. Only a very good future forecast will drive this hard in the short term.
Even with a good forecast though there's so much going on that's external to IAG that can drag is down I'm not spread betting it currently. Maybe the government U-Turns on policies and people see it as a good thing because there's more certainty. Maybe the gov say they're u turning on corp tax and investors get a little spoked. Then there's all the FED action in the US. Who knows. I know I don't